Spring Budget Predictions

And here we are. Solar panels and batteries are not greener or more sustainable. Every single thing on Earth is finite...
 
Stellify said:
And here we are. Solar panels and batteries are not greener or more sustainable. Every single thing on Earth is finite...
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I’m pretty sure air and water aren’t (you know, the things that are used in renewable energy). I seem to remember learning that at school.
 
Disconnect your house from typical energy sources. You can have all the air and water you want. Let us know how it goes.
 
ThatFragranceGuy said:
Subsidies on green energy generation should be key, albeit expensive, so unlikely.

People need incentivising to get solar, battery storage and heat pumps where suitable. It's big investment, but it also
means money going into the economy.

As it stands it's years, sometimes 10+, to see the right level of payback - if people get the right gear then electricity bills can be almost nothing as solar generates during the day, battery storage tops up overnight at a cheap rate, surplus from both can be sold back to the grid. It can massively reduce the amount we need to spend on energy generating in the future if people can generate and store themselves but right now it's only for either the well off with big savings or people getting it free because of benefit related grants
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Not a chance. We could all become nigh on self sufficient if the will was there but what happens to the power industry profits, and that's what steers decisions. It's not about the good of the country, or good of the planet. Never has been.
 
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Stellify said:
Some are mine, I see them leave my pay slip and sometimes get tax bills to pay. I don't want to help you pay for stupid things.
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Luckily for everyone then that taxes aren't a menu for selfish people to pick and choose what they want to pay for. I imagine people with kids or elderly parents aren't thrilled about paying for education or care costs, but it's for societal benefit that we do.

How is it a stupid thing, saving the government from spending hundreds of millions of pounds of energy generation whilst at the same time creating jobs and giving people more disposable income?

That money not being spent on energy bills means it will go into the economy in other ways and people will be better off. But yes obviously stupid, best keep that expensive.
 
Stellify said:
Disconnect your house from typical energy sources. You can have all the air and water you want. Let us know how it goes.
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I don’t need to disconnect my house thank you. About a third of our energy supply already comes from renewables (which are much cheaper than other sources) and that number will increase as the infrastructure becomes available (assisted by my/your taxes).

Now, does that mean that we will still have to use some dirtier, more expensive energy sources in the meantime? Yes.

Is that perfect? No.

Is it much better than continuing with 19th century technologies until either those fuel sources run out or all life on the planet is extinct? Yes, of course it is.
 
The basic rate income tax threshold needs to be raised from £12,570 per year. I would raise it to £15,000. It would help millions people on low incomes in particular. It would also help HMRC as they would have to deal with fewer people.

I would reduce some of the tax avoidance schemes that only a minority of the population can effectively access.
 
ThatFragranceGuy said:
Luckily for everyone then that taxes aren't a menu for selfish people to pick and choose what they want to pay for. I imagine people with kids or elderly parents aren't thrilled about paying for education or care costs, but it's for societal benefit that we do.

How is it a stupid thing, saving the government from spending hundreds of millions of pounds of energy generation whilst at the same time creating jobs and giving people more disposable income?

That money not being spent on energy bills means it will go into the economy in other ways and people will be better off. But yes obviously stupid, best keep that expensive.
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Look out for the green jobs plan, across government and industry agreement due to be published mid march, I have been working on it.
 
Who cares. The Tories are toast and they know it. Any tax cut will be a gimmick. Taxes are already at an all time high. The Tories have managed to increase tax while under funding everything, and allowing it to implode.
 
Nano said:
I disagree, depending on what the tax break is of course. Tax breaks for people on very high wages don't achieve much because they just save it but tax breaks for low earners sees them take home more money which then gets spent. With inflation rising more and more people are in the bracket of spending all their money and not being able to save so tax breaks for them allows them to spend on things which helps the economy. It's a system, one thing affects the other.

There will also be many people working the those services that will be facing increasing costs everywhere and would really benefit from reduced tax to cover those costs. High inflation means more people are being dragged into higher tax bands but if costs are rising they don't have more money to spend and the additional tax is meaning they have less than they previously had.

Stupid tax breaks like capital gains, inheritance tax, corporate tax etc which benefit the wealthy should definitely be off the table but it's the Tories so I expect that is where tax breaks would be made.
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The Tories always challenge that Labour initiatives are not affordable and “haven’t been costed”…you can guarantee that anything the Tories do will not be fully costed and will run up the debt further giving Labour a bigger **** sandwich to deal with while possibly retaining a few more votes for the Tories
 
BoroMart said:
The Tories always challenge that Labour initiatives are not affordable and “haven’t been costed”…you can guarantee that anything the Tories do will not be fully costed and will run up the debt further giving Labour a bigger **** sandwich to deal with while possibly retaining a few more votes for the Tories
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This x 100

They'll be planting landmines for the next Labour government for sure. The truth is that it's going to take easily one term for the next government to even wrestle together a plan for how to deal with the mismanagement of the past 14 years.

And yet, when they've not changed the whole world within the first 100 days, you'll see the media calling them out for the remaining 4/5 years.
 
I can’t say I care too much what the Tories do at the Budget. At the last fiscal event Hunt said he was cutting NI and it was a great thing - a couple of days later the polls dropped and they had lost ground. The public are sick of the Tories and no matter what they do their minds will not change.

The best thing the Tories could do to boost their poll rating is call a GE and be honest about it: “We know the public want a change so we are going to present our simple formulae that we think would accomplish this. All costed etc. Would no doubt include tax cuts, promises on immigration etc but if they didn’t make it too extreme I think they might get some numbers back.

Thankfully there is no chance of them being honest and allowing the public what they want so they will continue and lose ground.
 
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